Apple Co-Founder Steve Wozniak Says Tracing Crypto Is Hard but Possible

Apple Co-Founder Steve Wozniak Says Tracing Crypto Is Hard but Possible
Apple co-founder Steve Wozniak wears a protective mask as he stands next to a photo of himself during a press conference on July 23, 2020 in Burlingame, California. Justin Sullivan/Getty Images
Benzinga
Updated:
Apple Inc co-founder Steve Wozniak believes that crypto will be used effectively in the future, but said its hard-to-trace nature could be challenging to its wider adoption.

What Happened

In a recent interview with Yahoo Finance, Wozniak said crypto has “an awful lot of promise” enabled by blockchain technology.

“Yes, I am in that camp that crypto will be used effectively. We just have so many digital ways to pay for things now, even just to transfer money to people. It goes way back to PayPal Holdings Inc, and now we have Apple Pay and Apple Cash. We have Venmo. So we already have other modes than crypto,” said Wozniak.